Invoice and Statement Delivery
Accounts receivable automation gives you control over the creation and delivery of customer invoices and statements. MYOB Advanced can format statements for printing or generate documents in HTML or PDF formats for delivery via email. Copies of all documents are stored with the customer record for future reference and auditing.
Credit Card Processing
MYOB Advanced offers Integrated, PCI compliant credit card processing—leveraging Authorize.net technology—that automates bank card processing while providing flexibility to manually enter charges, void transactions, and issue refunds. MYOB Advanced includes inquiry screens to view credit card transactions and issue warnings about expiring credit cards. You can connect to any bank processing center by using one of the included processing plug-ins or by building a custom plug-in using our SDK.
Deferred Revenue Recognition
MYOB Advanced provides deferred revenue calculations to support your revenue recognition requirements. While entering invoices, you can assign a deferred revenue code to each line item. The deferred revenue code describes the recognition schedule that is used to post revenue to a designated liability account for tracking deferred revenue. When you run the deferred revenue process, MYOB Advanced will recognize the current part of deferred revenue and generate the appropriate transactions.